James Donald Hoffman, CEO at RELIANCE STEEL & ALUMINUM CO (RS), sold 9,866 shares at $165.24 ($1.6M) on 2022-01-06, disclosed to the SEC on 2022-01-07.
Seasonal sale ($1.6M) by CEO — this insider has traded RS in January in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $164.36 | 1,321 | $217K | 13.3% |
| 2 | $164.36 | 1,321 | $217K | 13.3% |
| 3 | $165.24 | 3,545 | $586K | 36.0% |
| 4 | $165.24 | 3,545 | $586K | 36.0% |
| 5 | $166.75 | 50 | $8K | 0.5% |
| 6 | $168.07 | 84 |
| $14K |
| 0.9% |
| Total | $165.04 avg | 9,866 | $1.6M | 100% |
| Filing → |
| RS | SELL | 2024-05-02 | $1.4M | — | Filing → |
| RS | SELL | 2024-02-28 | $25.8M | — | Filing → |
| RS | SELL | 2023-12-05 | $5.7M | — | Filing → |